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Safehold Inc. (Symbol: SAFE) Put Spread Trades

OptionWatch:

Safehold Inc. (Symbol: SAFE) Put Spread Trades

Posted September 21, 2023
Jeff Praissman
Interactive Brokers

This morning 500 Safehold Inc. (Symbol: SAFE) December 15 ’23 17.5 / 12.5 put spreads traded. The spread has a 25 delta and is the equivalent of 12,500 shares of stock. Earnings are expected to be released between October 30th and November 3rd so while the November 17th expiration is more of earnings play this spread will be affected by any movement in SAFE stock from the announcement. SAFE has missed estimates in several of its last 8 earnings cycles.

SAFE currently trades at $19.07. SAFE has a 52-week high of $35.53 and a 52-week low of $18.75.

SAFE currently trades at $19.07. SAFE has a 52-week high of $35.53 and a 52-week low of $18.75.

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